IDEAS home Printed from https://ideas.repec.org/a/ach/journl/y2022id996.html
   My bibliography  Save this article

Strategic opportunities of digitalization of Russian backbone agro-industrial holdings of cattle farming

Author

Listed:
  • M. D. Grinchenko

Abstract

The article analyzes global technological, environmental and epidemiological trends, which are a basis for identifying strategic opportunities for the long-term development of the global meat market. This process, in turn, is aimed at creating new production models aimed at personalizing needs and responsible consumption. The analysis of the development trends of the Russian cattle farming sector represents decrease of the production and consumption potential, insufficient implementation of export opportunities and monopolization of the sector. Digitalization of value chains of the backbone agroindustrial holdings, which are supposed to be the sector leaders possessing the highest production and innovation potential, is able to create a number of strategic opportunities. Their implementation can facilitate overcoming the negative trends in the domestic cattle farming and strengthening the position of the Russian manufacturers at the international level. On the basis of the theory of strategy and methodology of strategizing developed by Vladimir L. Kvint, and by means of OTSW-analysis method the author of the article makes assessment of strategic opportunities of digitalization of the backbone agro-industrial holdings in the cattle farming sector. On the basis of foreign and Russian research studies and statistic data the author proves that digitalization of corporations is significant for improving the quality of life of the population. OTWS-analysis revealed that digitalization of backbone agro-industrial holdings is able to create such strategic opportunities as improving the quality of meat products, facilitating personalization of the needs' satisfaction and formation of the responsible consumption and production culture, increasing production efficiency, strengthening of export potential, increasing manufacturers' innovation activity in regional food markets. Implementation of the strategic opportunities revealed allow backbone agro-industrial holdings in cattle farming sector to create a number of competitive advantages and modernize strategic management systems.

Suggested Citation

  • M. D. Grinchenko, 2022. "Strategic opportunities of digitalization of Russian backbone agro-industrial holdings of cattle farming," Russian Journal of Industrial Economics, MISIS, vol. 15(1).
  • Handle: RePEc:ach:journl:y:2022:id:996
    DOI: 10.17073/2072-1633-2022-1-26-35
    as

    Download full text from publisher

    File URL: https://ecoprom.misis.ru/jour/article/viewFile/996/803
    Download Restriction: no

    File URL: https://libkey.io/10.17073/2072-1633-2022-1-26-35?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ach:journl:y:2022:id:996. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Главный контакт редакции (email available below). General contact details of provider: http://misis.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.